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Solar PLI to depend on sales volume, domestic sourcing - The Hindu BusinessLine


Solar PLI to depend on sales volume, domestic sourcing
April 30, 2021
The incentive will be tapered annually over five years, says Ministry
The size of the Central government’s production-linked incentive for new solar module manufacturing plants will be determined on the basis of their sales volume, the extent of domestic sourcing of raw materials, and the efficiency of their modules, particularly under higher temperatures.
The incentive will be tapered annually over the ₹4,500 crore scheme’s lifespan of five years, according to guidelines announced by the Ministry of New and Renewable Energy on Thursday.
“In order to give a signal to solar PV manufacturing industry that they will need to be competitive after five years, the incentive rate will be higher in the beginning and lower towards the end of five-year period,” the Ministry said. By the fifth year, the incentive will have progressively reduced by 25 per cent of the initial amount. ....

Vinay Rustagi , Saibaba Vutukuri , Renewable Energy On , Renewable Energy , Vikram Solar , Managing Director , வினய் ருஸ்டகி , புதுப்பிக்கத்தக்க ஆற்றல் ஆன் , புதுப்பிக்கத்தக்க ஆற்றல் , விக்ரம் சூரிய , நிர்வகித்தல் இயக்குனர் ,

IND Renewable Energy net loss narrows to Rs 0.63 lakh in Dec quarter


IND Renewable Energy on Friday reported narrowing of its net loss to Rs 0.63 lakh in the December quarter.
The company had posted a net loss of Rs 5.43 lakh in the October-December quarter in 2019, a regulatory filing stated.
The company reported nil total income in the quarter, while that stood at Rs 2.02 lakh in the same period a year ago.
The board in its meeting on Friday also approved resignation of Neha Gupta from the post of director of the company.
It has also approved appointment of Neelam as additional director (woman director) of the company.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.) ....

Neha Gupta , Renewable Energy On , Wind Renewable Energy , Ind Renewable Energy Profit , Q3 Results , நேஹா குப்தா , புதுப்பிக்கத்தக்க ஆற்றல் ஆன் , இந்த் புதுப்பிக்கத்தக்க ஆற்றல் , இந்த் புதுப்பிக்கத்தக்க ஆற்றல் ப்ராஃபிட் , குயிவ் 3 முடிவுகள் ,